
Feds Seize VBit Technologies' Montana Bitcoin Mine Amid Ponzi Scheme Allegations
The facility, the former enterprise of VBit Technologies, was recently seized by the U.S. government acting under a federal asset forfeiture statute. In their suit, they charge the firm’s complicity in the company’s own alleged Ponzi scheme that defrauded investors. The once-prized operation is now caught up in a contentious...